Others
| TASEK CORPORATION BERHAD |
|
EX-date | 30/07/2010 |
| Entitlement date | 03/08/2010 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | Notice of Book Closure and Entitlement of Tasek Corporation Berhad (“Tasek”) in respect of the Capital Repayment (as defined herein) and the Share Consolidation(as defined herein) for entitlement of shareholders of Tasek as follows: (I) capital repayment by way of cash distribution of approximately RM61.05 million in Tasek on the basis of RM0.33 per ordinary share of RM1.00 each and per 6% Cumulative Participating Preference Share of RM1.00 each in Tasek via a reduction of the share capital of Tasek pursuant to Section 64 of the Companies Act, 1965 resulting in the reduction of the par value of the Ordinary Share and the 6% Cumulative Participating Preference Share from RM1.00 to RM0.67 respectively (“Capital Repayment”); and (II) share consolidation of 184,509,300 ordinary shares of RM0.67 each and 500,000 6% Cumulative Participating Preference Shares of RM0.67 each in Tasek after the Capital Repayment into a maximum of 123,621,231 ordinary shares of RM1.00 each and 335,000 6% Cumulative Participating Preference Shares of RM1.00 each on the basis of approximately 1.49 ordinary shares of RM0.67 each and 1.49 6% Cumulative Participating Preference Shares of RM0.67 each in Tasek into one (1) ordinary share of RM1.00 each and one (1) 6% Cumulative Participating Preference Share of RM1.00 each in Tasek (“Share Consolidation”). (Collectively referred to as the “Capital Repayment and Consolidation”) |
| Period of interest payment | to |
| Financial Year End | 31/12/2010 |
| Share transfer book & register of members will be | 03/08/2010 to 03/08/2010 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Hong Leong Share Registration Services Sdn Bhd Level 5, Wisma Hong Leong 18, Jalan Perak 50450 Kuala Lumpur Tel : 603-2164 1818 |
| Payment date | 06/08/2010 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 03/08/2010 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | |
| Entitlement indicator | Currency |
| Currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | 0.33 |
| Remarks : |
| Tasek had, on 24 June 2010, cancelled all its 397,900 treasury shares. As of to date, the issued and paid-up share capital of Tasek is RM185,009,300 comprising 184,509,300 ordinary shares of RM1.00 each and 500,000 6% Cumulative Participating Preference Shares of RM1.00 each in Tasek. On 2 July 2010, Tasek had obtained an order from the High Court of Malaya, Kuala Lumpur confirming the Capital Repayment, pursuant to Section 64 of the Companies Act, 1965. With the introduction of SPEEDS by Bursa Malaysia Securities Berhad (“Bursa Securities”), there will not be any suspension in the trading of Tasek Shares for the purposes of implementation of the Capital Repayment and Consolidation. The shares in relation to the Share Consolidation will be listed and quoted on the Main Market of Bursa Securities on 4 August 2010, being the next market day following the entitlement date of 3 August 2010. This announcement is dated 19 July 2010. |
Announcement Info
| Company Name | TASEK CORPORATION BERHAD |
| Stock Name | TASEK |
| Date Announced | 19 Jul 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-100719-41794 |